When deep-water surface gravity waves traverse an area with a curved o
r otherwise variable current, the current can act analogously to an op
tical lens, to focus wave action into a caustic region. In this region
, waves of surprisingly large size, alternatively called freak, rogue,
or giant waves are produced. We show how this mechanism produces frea
k waves at random locations when ocean swell traverses an area of rand
om current. When the current has a constant (possibly zero) mean with
small random fluctuations, we show that the probability distribution f
or the formation of a freak wave is universal, that is, it does not de
pend on the statistics of the current, but only on a single distance s
cale parameter, provided that this parameter is finite and non-zero. O
ur numerical simulations show excellent agreement with the theory, eve
n for current standard deviation as large as 1.0 m s(-1). Since many o
f these results are derived for arbitrary dispersion relations with ce
rtain general properties, they include as a special case previously pu
blished work on caustics in geometrical optics.